Let’s buy IWM at the market, current price $230.74. We have what could be a jump and a backup, and the Technometer is extreme oversold.
Related Articles
Take a Rest?
Click Here For Wyckoff Wave Chart 06-27-11 Our last post ended with the Wyckoff Wave at point Y. The Wave was in an overbought position…
Wyckoff Wave Met Resistance As Expected.
The Wyckoff Wave closed the week down sharply, on low volume. For the last week and a half, the Wave had met resistance at its…
The Wyckoff Wave Needs A Little Lower Before A Low Is Reached.
The Wyckoff Wave finished the week lower as expected, on slightly higher volume. We had a neutral Technometer last week so we was wanting lower…
Are We Ready to Rock and Roll? Ask the Technometer
Click Here For Wyckoff Wave Chart 12-30-11 Despite a week of holiday trading doldrums, the stock market as measured by the Wyckoff Wave, sent us…
Wyckoff Wave Trying To Dig Out Still?
The Wyckoff Wave spent last week working higher, then succumbed to major selling to end the week. Volume increased some on the selloff. I was…
Responses